New Zealand ANZ Dec Business Confidence Still Elevated Despite Slip

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand business confidence remains elevated despite a slip in December, according to ANZ Bank's business outlook survey. A net 30.4% of respondents in the monthly survey expected business conditions to improve over the next ...

German November Producer Prices Unchanged on Month

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Emese Bartha FRANKFURT--Germany's producer prices surprised on the upside in November as energy prices remained unchanged from October, data from the Federal Statistics Office showed on Friday. Producer prices in Europe's largest economy were stable on the month in ...

European Stocks Climb Higher

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

European stocks continued to rally in early trading Friday, mirroring a sharp surge on Wall Street Thursday amid buying spurred by the U.S. Federal Reserve's pledge to adopt a "patient" approach when raising interest rates in 2015. The Stoxx Europe ...

French Dec Business Sentiment Stable

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

PARIS--French business confidence in manufacturing was stable in December, French statistics agency Insee said Friday. The confidence reading in December was 99, unchanged from November, Insee said. Business leaders said their foreign order books were stronger while their outlook for ...

Thai Union Frozen Products to Buy Bumble Bee Seafoods

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

Thai Union Frozen Products PCL (TUF.TH), whose brands include Chicken of the Sea, has agreed to purchase Bumble Bee Seafoods from private-equity firm Lion Capital for $1.51 billion. Bumble Bee has annual sales of more than $1 billion and its ...

China Raises 2013 GDP Estimate by 3.4%

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

BEIJING-China raised its estimate of its 2013 economic output by 3.4% based on its latest survey of the economy, the National Bureau of Statistics said on Friday. The statistics bureau said China's gross domestic product in 2013 was 58.80 trillion ...

Detente Scrambles Political Calculus in Latin America

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

The detente between the U.S. and Cuba after nearly 54 years of mutual hostility has the potential to redraw political and economic alliances across the hemisphere that have endured since the Cold War, government officials, diplomats and scholars say. "We ...

Dollar Higher Against Yen on Diverging Monetary Policy

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Hiroyuki Kachi The dollar was higher against the yen in Asian trade Friday, tracking overnight strength driven by the Federal Reserve's latest signals on monetary tightening that again showed a stark contrast with the Bank of Japan's policy stance. ...

French Dec Business Sentiment 99 Vs 99 in Nov

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Stacy Meichtry PARIS--French business confidence in manufacturing was stable in December, French statistics agency Insee said Friday. The confidence reading in December was 99, unchanged from November, Insee said. Business leaders said their foreign order books were stronger while ...

European Stocks Climb Higher - Update

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Josie Cox European stocks continued to rally in early trading Friday, mirroring a sharp surge on Wall Street Thursday, spurred by the U.S. Federal Reserve's pledge to adopt a "patient" approach when raising interest rates in 2015. The Stoxx ...

Eurozone's Current Account Surplus Narrowed in October

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

FRANKFURT--The eurozone's current account surplus narrowed in October from an upwardly revised surplus in September, as the surplus on both goods and services shrank, data from the European Central Bank showed Friday. The current account balance, a broad measure of ...

Asian Shares Rise on Fed Stance

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

Stocks in Japan and Australia made gains for a second day on Friday, as investor confidence continued to be bolstered by expectations the U.S. is in no rush to raise interest rates. The Nikkei Stock Average was up 1.8% while ...

China Revises 3Q Payments Position

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

BEIJING--China on Friday revised its international payment figures for the third quarter, cutting its current-account surplus and sharply reducing its deficit on the capital and financial account. China's current-account surplus in the three months ended September was revised to $72.2 ...

ASIA MARKETS: Asian Shares Rise On Fed Stance

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Chao Deng The yen weakens against the dollar Stocks in Japan and Australia led Asia higher for a second day on Friday, as investor confidence continued to be bolstered by expectations the U.S. is in no rush to raise ...

Eurozone's Current Account Surplus Narrowed in October

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Emese Bartha FRANKFURT--The eurozone's current account surplus narrowed in October from an upwardly revised surplus in September, as the surplus on both goods and services shrank, data from the European Central Bank showed Friday. The current account balance, a ...

St. Croix Refinery Revival Awaits Tax Vote

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

(FROM THE WALL STREET JOURNAL 12/19/14) By Alison Sider Robert Moore, a former energy trader in New Canaan, Conn., was eating dinner at a local Mexican restaurant last year when he overheard a fellow diner talking excitedly about reopening a ...

Oil Prices Rise in Asian Trade -- Update

TODAY: Dec. 19, 2014 PUB DATE: Dec. 19, 2014

By Eric Yep SINGAPORE--Oil prices moved back into positive territory in Asian trade Friday, after posting sharp overnight losses, and prices are likely to remain volatile as markets continue to look for a price floor. On the New York Mercantile ...